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Market Round-up for the Week Ended 240323

Mar 24, 2023   •   by   •   Source: Proshare   •   eye-icon 199 views

Key Highlights

  • The equities market recorded negative performance – the listed equities market, NGXASI, recorded a loss of 0.08% W-o-W and the NASD OTC closed negative with a 0.15% loss W-o-W. 
  • The IEFX rate closed negative and the NAFEX rate closed flat.
  • The BDC rates closed negative.
  • The Brent Crude Oil price moved down while WTI Crude Oil price down at the end of the week.
  • The FMDQ Debt Market Size closed positive
  • AFEX ACI closed positive while the AEI index closed negative.

1. Equity

NSE                                                                                                  

  • The NGXASI inched down by 0.08% W-o-W.

On top gainer and loser sector indices, Banking sector index topped the gainer’s chart with a gain of 0.93% W-o-W NGX Consumer Goods sector index closed negative with 0.74% W-o-W.

  • Gote Index closed the week negative by 0.05% while the Toni Index closed the week positive by 0.57% W-o-W.

 

Chart 1: Market Performance

Market Performance 

Sectors

17-Mar-23

24-Mar-23

WoW Chg

NGX ASI

54,935.20

54,892.53

-0.08%

NSE-30

1,960.78

1,957.63

-0.16%

NSE Consumer Goods

701.37

696.17

-0.74%

NSE Banking

432.92

436.95

0.93%

NSE Insurance

175.63

174.70

-0.53%

NSE Oil and Gas

521.34

521.34

0.00%

NSE LII

3,542.63

3,550.69

0.23%

NSE-IND

2,551.91

2,539.31

-0.49%

NSE-ASeM

659.42

659.42

0.00%

NSE Pension

1,879.80

1,882.83

0.16%

NSE Premium

5,118.27

5,134.19

0.31%

NSE Main Board

2,471.32

2,463.98

-0.30%

NSECG

1,347.29

1,350.75

0.26%

NSEAFRBVI

1,044.60

1,049.78

0.50%

NSEAFRHDYI

3,547.00

3,550.77

0.11%

NSEMERIGRW

2,361.43

2,347.70

-0.58%

NSEMERIVAL

2,406.40

2,425.75

0.80%

NSEGROWTH

2,872.03

2,872.03

0.00%

Dangote Index

150.59

150.52

-0.05%

Elumelu Index

118.09

118.76

0.57%

Source: NSE, Proshare Research 

 

NASD                                   

The NASD USI closed negative with 0.15% gain W-o-W

Market CAP closed positive with 5.12% gain W-o-W

Source: NASD Plc

 

For more updates on the Unlisted OTC market, visit the NASD Page


2. Bonds

Debt Market Size

The FMDQ Debt Market Size closed positive to close at N32.98trn

 

3. Commodities

Global Commodities

Brent crude oil prices moved down by 8.84W-o-W to $74.49 per barrel

WTI moved down 9.54% W-o-W to $68.55 per barrel as at the time of writing this report. (06:12 pm)

 

AFEX Indices

ACI moved up by 0.57% W-o-W to close at 476.25 and the AEI moved down by 0.82W-o-W to close at 220.12

 

AFEX Commodities

Soyabeans moved up by 4.40% to close at N238.97 and Paddy rice also moved down by 6.83% to close at N610.11

Source: AFEX

 

4. Forex

The NAFEX closed flat and the IEFX rates closed negative.

BDC Rate closed negative



5. Mutual Funds

For reports on Mutual Funds, Kindly click here for updates from the Fund Managers Association of Nigeria. 

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